Ripple [XRP] Price Analysis: XRP/USD - 03/12/208

crypto-economy (37)in #crypto • 5 years ago

Ripple [XRP] Price Analysis: XRP/USD - 03/12/208

-Weekly Chart

Still, XRP is the second most valuable coin in the space and overly bullish despite draw downs of the last two weeks. Even with that, losses are mild and XRP is actually down three percent in the last week and trading above the lower limit of our main support zone at 35 cents.

In line with our previous XRP/USD trade plan, we shall maintain a bullish outlook as long as prices are trading above 35 cents expecting a rally towards 60 cents—which shall trigger another wave of longs towards 90 cents—more so if there are high volume gains in lower time frames thrusting prices above 40 cents.

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